Several other equities research analysts have also recently commented on IFC. Barclays dropped their target price on Intact Financial from C$110.00 to C$106.00 in a report on Friday, July 20th. Desjardins raised Intact Financial from a sell rating to a hold rating and boosted their target price for the stock from C$100.00 to C$102.00 in a report on Wednesday, August 1st. National Bank Financial boosted their target price on Intact Financial from C$100.00 to C$103.00 and gave the stock a sector perform rating in a report on Wednesday, August 1st. Raymond James boosted their target price on Intact Financial from C$107.00 to C$109.00 and gave the stock an outperform rating in a report on Wednesday, August 1st. Finally, BMO Capital Markets boosted their target price on Intact Financial from C$114.00 to C$117.00 in a report on Thursday, August 2nd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Intact Financial has a consensus rating of Buy and a consensus price target of C$111.40.
Shares of TSE IFC traded down C$0.34 during midday trading on Wednesday, hitting C$103.75. 370,128 shares of the company’s stock were exchanged, compared to its average volume of 228,186. Intact Financial has a twelve month low of C$91.65 and a twelve month high of C$109.33.
About Intact Financial
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles.
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